Bondholder Meeting definition
Examples of Bondholder Meeting in a sentence
It is clarified that the publication of a Bondholder Meeting Resolution that pertains to the appointment of proxies shall constitute the provision of such a notice, provided that – to the extent that this will not impair the Holders’ rights as they were prior to the appointment – the Trustee has provided the Company with all aforementioned information and details.
If the Trustee reaches a settlement with the Company after it receives the prior approval of a Bondholder Meeting (Series A) as stated above, the Trustee will be exempt from liability for such a measure, as approved by the meeting, provided that a final decision did not rule that the Trustee breached a fiduciary duty and acted in bad faith or maliciously in implementing the resolution of the Bondholder Meeting.
Holders entitled to attend and vote at Bondholder Meetings are those who hold bonds on the date prescribed in the resolution to convene a Bondholder Meeting.